Kenya: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Kenya

The Kenyan market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA reduced rapidly to $X in 2022, declining by -23.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Kenya

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA was finally on the rise to reach X units after two years of decline. In general, exports enjoyed modest growth. The most prominent rate of growth was recorded in 2018 when exports increased by 520% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to $X in 2022. Overall, exports, however, saw a perceptible decline. The growth pace was the most rapid in 2018 when exports increased by 525%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Rwanda (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Kenya, accounting for a 47% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Rwanda exceeded the volume sent to the second major destination, Burundi (X units), threefold. Italy (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Rwanda totaled +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+11.6% per year) and Italy (0.0% per year).

In value terms, Rwanda ($X) emerged as the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Kenya, comprising 61% of total exports. The second position in the ranking was held by Italy ($X), with a 15% share of total exports. It was followed by Tanzania, with a 7% share.

From 2012 to 2022, the average annual growth rate of value to Rwanda stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Tanzania (-21.2% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, picking up by 47% against the previous year. In general, the export price, however, recorded a pronounced setback. The growth pace was the most rapid in 2017 an increase of 108% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Burundi ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Kenya

In 2022, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into Kenya shrank markedly to X units, which is down by -22.9% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 113% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA shrank rapidly to $X in 2022. Overall, imports recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Kenya, accounting for a 51% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. France (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.6% per year) and France (+14.6% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Kenya, comprising 53% of total imports. The second position in the ranking was taken by India ($X), with a 17% share of total imports. It was followed by France, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.4% per year) and France (+6.1% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced reduction. The growth pace was the most rapid in 2017 an increase of 163% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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